Financial Incompatibility Is The Latest Dating Red Flag To Look Out For, With The Potential To Make Or Break A Budding Relationship
It’s no secret that you encounter so many ‘red flags’ in the dating world. Some red flags are lighter than others, but some are major and should not be ignored.
As the subject of red flags rolls around in your mind, what are some of the biggest ones you can think of? Is it a guy who still lives with his parents? Someone who takes days to text back?
What about someone who isn’t financially compatible with you?
Someone who is financially compatible with you is someone who takes money just as seriously as you, has similar financial goals, and doesn’t rely on you for money or becomes your sole source of financial stability.
When people often think of financial compatibility, they think it means you should be with someone who makes around the same amount of money as you. However, that’s not the case whatsoever!
One partner can make significantly less than the other, but as long as they treat and approach their finances similarly to their partner, there can be financial peace.
For instance, ask yourself a few of these questions to determine if you and your partner are financially compatible.
Does your partner have a significant amount of debt? Are they working on paying it off? Do they have a similar attitude toward saving and spending? Do you have similar long-term goals like saving for retirement? Do you have similar beliefs and stances on shared finances?
If all of these questions have pretty positive answers, then it sounds like you and your partner are financially compatible. If many of those answers were ‘no,’ you may need to discuss your financial goals with your partner before getting more serious.
standret – stock.adobe.com – illustrative purposes only, not the actual person
There are also some very clear signs that you’re not financially compatible with your partner. For instance, if they expect you to pay for most of your dates, are hardly earning a living but don’t have the motivation to advance their career, recklessly spending or not spending enough, etc.
So, why is financial compatibility important?
Well, money is one of the biggest and most stressful things serious couples argue about. Arguments and fights surrounding money can be brutal.
If you figure out your and your partner’s financial compatibility before getting serious and making big life decisions together, you can work together to be more on the same page and avoid some money-fueled arguments.
Life happens, and even if you strive to be financially compatible with someone before getting serious, some unexpected financial struggles will come up that you can’t avoid. But if you and your partner aren’t living with two totally opposing mindsets, you’ll be in a better place.
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